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Xolodno

(6,341 posts)
7. Several things...
Mon May 9, 2022, 07:11 PM
May 2022

1. Fed was too slow to implement rate hikes.

2. The erroneously put their head in the sand and thought the supply chain issues would resolve itself and there would no need to do a hike.

3. Number two didn't happen because Putin started a war. We don't trade much with Russia, but rest of the world does. And we trade with the nations that implemented sanctions. So it does eventually hurt us (people forget, sanctions work both ways).

4. China is holding back supplying goods because of Covid lockdowns. Which may not be necessary to be that strict. Could be an intentional economic shock to punish the West and help Putin. We gave a lot of criticism to China from Hong Kong to Uyghurs to Taiwan. And have worked to limit their influence in the area and snubbed them at the Olympics. It's bound come back and bite us.

Did the reserve talk about the greed from wall street being perpetuated by the big banks turbinetree May 2022 #1
The Fed is a joke hueymahl May 2022 #2
The voters are going to vote based on their pocketbooks. Fair or not. oldsoftie May 2022 #3
Many mid-income voters also vote based on their 401k's bluewater May 2022 #4
Yeap. Xolodno May 2022 #9
Definitely. And more have 401Ks today than ever before. oldsoftie May 2022 #10
Why does it seem that all these government departments are being run by fucking lying onecaliberal May 2022 #5
Is greedy Gerber, etc., withholding infant formula so price is up 18%? Hoyt May 2022 #6
Several things... Xolodno May 2022 #7
What's bound to come back & bite us is continuing to get so much FROM China. oldsoftie May 2022 #12
Yeah. Let's take our wealth, go home, and triple the defense budget Hoyt May 2022 #13
I said elsewhere that "America First' needs to simply mean get OUT of china. oldsoftie May 2022 #17
We tried to, it was called the TPP. Trump killed it. Xolodno May 2022 #14
TPP wouldn't have gotten one US company out of china. oldsoftie May 2022 #18
A few Democrats bashing Obama and Clinton on TPP is one reason we had trump's reign of terror. Hoyt May 2022 #20
Covid read this and said hey, don't count me out yet. The Fed is the biggest threat to the bottom 99 yaesu May 2022 #8
I really wish they would have said Russia biggest threat instead of Ukraine. chowder66 May 2022 #11
I was about to post: Russia and Inflation are biggest threat. You beat me to it. texasfiddler May 2022 #15
I agree. Messaging is so important. chowder66 May 2022 #19
The Fed should have acted last November when they announced their intent to act bucolic_frolic May 2022 #16
I'm losing money i can't afford nt XanaDUer2 May 2022 #21
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